The restaurant group AmRest aspires to faster growth and is planning to grab a chunk of the market from its rivals. AmRest thinks the Polish market is a good place to sell food and is placing a bet on the country to the tune of zł.350 million this year.
“We plan to open 100 new restaurants in 2011, the majority in Poland,” said Wojciech Mroczyński, a member of the company’s board of directors. He added that the company has already budgeted zł.300 million for expansion and an additional zł.50 million for renovation.
Mr Mroczyński said that the company will not have difficulty financing its ambitions plans as it already has zł.400 million in credit lined up. In a tough H1 for the entire gastronomic sector AmRest scraped together zł.982 million in sales. And Mr Mroczyński insists that the company will return to a 20 percent rate of y/y sales increases.
From Warsaw Business Journal
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